Private Money/Hard Money Home Loans - Santa Rosa, CA and Sonoma County

Private Money Loans

Private Money (also known as Hard Money) mortgages/loans are made by private investors, generally in their local areas. Usually the credit score of the borrower is not important as the loan is secured by the value of the collateral property.     Typically, the maximum loan to value ratio is 65-70%. That is, if the property is worth $100,000, the lender would advance $65,000-70,000 against it. This low LTV (Loan To Value) provides added security for the lender, in case the borrower does not pay and they have to foreclose on the property.

   Sun Pacific Mortage & Real Estate has dealt in such types of loans for over 22 years and has many available Lenders who they work with.  It is a quick process.  If you are looking for quick cash or don't qualify for a conventional loan, this is the type of loan for you.